Lieutenant governor talks about what’s right with Ohio’s economyPublished on 07/03/2006 Editor’s note: Lt. Gov. Bruce Johnson appeared recently on Farm Bureau’s Town Hall Ohio to discuss the state of Ohio’s economy and what’s being done to improve it. Following are excerpts from that discussion. On the frequently reported negative statistics about the Ohio economy: We've had several quarters of very robust growth, and we've had a lower net unemployment rate in Ohio than the average in (the last three decades). I think there are a lot of reasons why people are less secure than they used to be. The economy is more competitive than it ever has been, and there's lots of international pressure. So if you're not on top of your game your employer may in fact have to make cutbacks and that has not been the 50-year history of our state. We've been more stable than that but the truth of the matter is that's the status of the international economy. On working to attract the new Honda plant to Ohio: We don't know where Honda's going to make its selection. Our job is to give them the best possible sites in Ohio and let them make a business decision. There will be 150 suppliers in Ohio that will benefit because they've made a decision already to locate a plant in the Midwest. More than three-quarters of all the counties in Ohio have at least one Honda supplier. So everybody's regional economy will grow because this company has decided to spend another billion dollars or so by the time it's all over on creating vehicles in the Midwest. It would be better if it landed in Ohio but this is good news for Ohio either way. (Note: Johnson’s comments were recorded and aired several weeks prior to the announcement that the new facility would be located in Indiana.) On why rural Ohioans help attract business to the state: On the need to speed up the permitting process for business Caption: The work ethic of rural Ohioans is a big attraction to manufacturers as they consider where to expand or build new facilities, Lt. Gov. Bruce Johnson (right) told Town Hall Ohio listeners. He was joined by Keith Stimpert of OFBF during the June 11 broadcast. The program can be listened to or downloaded at www.townhallohio.org. Photo by Natalie Walston | |




